Friday, 3 February 2023

So close....

It's interesting to see there is consensus building (even in traditional circles) that the current system is broken or at least suboptimal.

But, at the same time, people not sold on bitcoin as the answer are looking for an alternative to the current system, but anywhere besides bitcoin.

Dalio almost figures it out

I think the acknowledgment that there needs to/should be a change to the current monetary system is massive for bitcoin adoption.

Once this view becomes common knowledge (ie. your barber is complaining about the monetary system), bitcoin has its chance for mass adoption.

A new system is needed, and the technology now exists to create that new system. What it will look like is anyone's guess, but bitcoin has a shot.

Who knows if it will happen (a lot of roadblocks ahead), but it will be compelling to watch it play out.

submitted by /u/impliedinsult
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